Frank Jermusek

SVN | Northco Real Estate Serv

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1600 Utica Ave S, 9Th Floor (123)
Minneapolis, Minnesota 55416 (View Map)

About the Company

Broker Biography

Frank Jermusek (952) 820-1615

Introduction

Frank is one of two principals at SVN | Northco headquartered in Minneapolis, Minnesota. Sperry Van Ness (SVN) has become one of the most recognized commercial real estate brands in the world with over 190 offices across the country.
Frank has served as President and Managing Director of Northco since acquiring the company in 2006. In this role he is in charge of company operations including leading a sophisticated team of professional advisors specializing in brokerage services, investment, finance, management, consulting and golf & resort.
Northco Real Estate Services is a full service commercial real estate firm that has been a leader in the Twin Cities market since 1975. Northco has numerous affiliated entities most notably Northco Golf & Resort. Northco Golf & Resort specializes in a wide range of services related to the golf & resort industry and Frank serves as lead of the Sperry Van Ness national product council for golf courses and resort properties.
Frank also owns The Jermusek Law Firm a Minnesota based law firm focusing on providing sophisticated, creative and practical solutions for clients dealing with real estate, business, insurance and lending matters. Frank has mainly focused his legal practice on business, real estate, lending and golf/hospitality matters.
During his career, Frank has worked on thousands of real estate, corporate and golf & resort transactions ranging from small local real estate transactions to a $150+ million corporate transaction, all totaling well over $2 billion in transaction volume.

Services Provided

Five professionally staffed divisions - Brokerage, Property & Asset Management, Construction
Management, Investment, Golf & Hospitality - work together to take any transaction from concept to
completion serving individuals, corporations institutions, and municipalities. We have specialists in
office, industrial, retail, land, multifamily, golf courses, hospitality and investment properties.

Areas Served

  • Hennepin, MN
  • Business For Sale Listings

    $2,950,000
    Jenkins, MN 
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    Clamshell Beach - Cottages on Whitefish

    SVN | Northco is pleased to present for sale Clamshell Beach - The Cottages on Whitefish in Pequot Lakes, MN ("Property"). The Property is comprised of two business opportunities with great revenue streams - a Resort Property and a Development Property. The Property is a year-round operation that is located in the popular Brainerd Lakes resort area in Minnesota. The Resort Property consists of a resort business, all shares in existing unsold units, the owner's residence, maintenance-boat building, dock system, and all FF&E. The Development Property (available separately) is fully approved and platted for 16 development lots.The Property is located on Clamshell Lake in the popular Brainerd More info

    $3,995,000
    Ottertail, MN 
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    Thumper Pond Hotel and Waterpark

    SVN | Northco is pleased to present for sale the Thumper Pond Hotel and Waterpark in Ottertail, MN ("Property"). This one-of-a-kind offering features 78 rooms, a bar and restaurant (Willy T's Tavern & Grill), 18-hole championship golf course, activity center (water park), event venue, and 26-unit RV/mobile home park. Construction of the water park was completed in October of 2016. Also included in the sale is approximately 54 acres of development land. The Property has a great online reputation.The Thumper Pond Hotel and Waterpark is located in Ottertail, Minnesota, which is approximately 178 miles northwest of Minneapolis and Saint Paul by route of interstate 94, 112 miles northwest of More info

    Not Disclosed
    Tofte, MN 
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    Bluefin Bay Family of Resorts

    SVN | Northco is pleased to present for sale the Bluefin Bay Family of Resorts in Tofte, MN ("Property"). The Property is a trophy asset on the North Shore of Lake Superior that has been in continuous operation since 1984. The Property features three distinct types of condominiums: Bluefin Bay, Surfside, and Temperance Landing. The Property also includes numerous dining options (Bluefin Grille, the Coho Café, and the Waves of Superior Café), wedding and event venues, and a spa. The Property is located in a Qualified Opportunity Zone. This is a 16.64% cap rate operation.The Property is located in Tofte, MN, which is popular recreational area on the North Shore of Lake Superior ("North More info

    $1,140,000
    Crivitz, WI 
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    DeSmidt's Golf Course & Country Club

    SVN | Northco is pleased to present the sale of DeSmidt’s Golf Course and Country Club, established in 1964 in the outdoor recreation destination of Crivitz, WI. The original nine is an executive, par 29. Its rolling terrain is perfect for the beginner golfer, yet it is still a challenge for the expert golfer. The newer nine, opened in 2000, is a championship, par 36. Four tees on each hole accommodate all levels of golfing abilities. Included in the sale is the golf course on 108.64 acres, clubhouse with bar and restaurant, maintenance facility and equipment, carts and storage facility. More info

    $795,000
    Norway, MI 
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    Norway Mountain Ski Resort

    SVN | Northco is pleased to offer for sale the Norway Mountain Ski Resort, located in Norway, MI. Included in the sale is the ski resort on 165 acres of stunning landscape, a 26,000 SF chalet and maintenance building. The resort features a variety of runs, from beginning to true black diamonds, a bar and dining room (at the top of the hill), a conference hall for corporate events & weddings, a frisbee golf course, and more.The Norway Mountain Resort is currently not in operation (as of the 2017 season).This property is co-listed with Doug Wright of SVN | Property Investment Advisors, LLC.Norway, MI is located in the Upper Peninsula, approximately 95 miles due north of Green Bay, WI, and More info

    $1,395,000
    Duluth, MN 
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    A G Thomson House Bed and Breakfast - Voted #1 B&B in the U.S.

    SVN | Northco is pleased to present for sale the historic AG Thomson House Bed and Breakfast in Duluth, MN ("Property"). This Property was rated as TripAdvisor's #1 B&B in the United States in 2012 and 2016. The Property consists of a seven-room bed and breakfast. Not included in the purchase price is .65 acres of additional development land. The additional development land can be sold off as two separate lots for residential development, or as additional units for the bed and breakfast operation.The Property is located in the historic Congdon Park neighborhood of Duluth, MN. The Property, which is surrounded by many of the most historic and beautiful homes in the area, is in close proximity More info

    $799,000
    Spring Valley, WI 
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    Spring Valley Golf Course

    18-hole golf course on 117.5 acres of land, turn-key operationClose proximity to Twin Cities and neighboring towns of River Falls, Menomonie, Eau Claire, New Richmond, Hudson, Stillwater and WoodburyTwo distinct nines with hilly, open landscape on the front and thick pine forest on the backLarge, 2-level clubhouse that includes pro shop, locker rooms, offices, bar and restaurant, outdoor patio and banquet facilitiesBuildings onsite include clubhouse, maintenance facility, cart storage and pump house More info

    $489,000
    Staples, MN 
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    The Vintage at Staples Golf Course

    SVN | Northco is pleased to present for sale the Vintage Golf Course in historic Staples, Minnesota. The Vintage is an 18-hole golf course located on 263.9 acres of land that features holes for all skill levels. Opened in 1929 with only 9-holes, this course was redesigned by popular Minnesota golf architect Joel Goldstrand in 1996. This picturesque course is paved through beautiful Minnesota forests alongside the Crow Wing River. The clubhouse features both a pro shop and a bar and grill for its guests. Additionally, there is a driving range and practice putting green. Included on the property is a maintenance facility, cart storage, a pump house, and a chemical storage building. The Vintage More info

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